Rs.60 lacs to be transferred from abroad to india- approval?

CA Abhishek Singh (practice) (2105 Points)

11 February 2013  

Hello everyone,

one of my clients resident in india received Rs.30 lacs from abroad from his relatives. He will receive another 30 lacs in next month. 

My question :

Is their requirement of any approval from the RBI/govt in this case ?